Headlines
  • After an Iranian attack on a container ship in the Strait of Hormuz earlier in the weekend that set it on fire and left a crew member missing, the United States launched several waves of strikes on Iran on Sunday.
  • Antonio Guterres, the secretary-general of the United Nations, voiced his "deep concern" over the escalating attacks in Iran and warned "catastrophic consequences" on a global scale if parties resume "full-scale hostilities."
  • Iran has denounced the latest wave of American attacks on its territory, claiming that they have "rendered futile" all of the past few months' diplomatic efforts..
  • In order "to continue degrading their ability to attack civilian mariners and commercial ships" in the Strait of Hormuz, the U.S. Central Command (CENTCOM) said on Sunday that its forces had carried out more strikes against Iran.
  • A bar fire in Bangkok, the capital of Thailand, claimed at least 27 lives and injured over 60 more.

Tag: Russian Economy

July 30, 2020

COVID-19: Russian Tourism

The COVID-19 pandemic has struck all sectors of Russia’s economy, but with borders closed during the high summer season, the tourism sector is one of the most damaged, especially in Saint Petersburg, a favorite stop for many foreign tourists

October 10, 2019

Russia’s Far East Feels Economic Pinch

Russia’s economic forecast is not looking good, with the central bank last month lowering its growth projections – though officials maintain the country is not sliding into a recession. But in Russia’s far east, thousands of kilometers and several time zones away from Moscow, the effects of the economic downturn are obvious

March 1, 2019

Finding Fortune in Moscow a Challenge...

Russia’s economy has stagnated for some years and suffers under sanctions imposed by the West after it annexed Crimea in 2014. Still, Moscow remains a vibrant city that attracts immigrants from around the world, most of them from the former Soviet republics of Central Asia

December 29, 2018

Russia’s Prosperity: Depends on Whom You...

In the past four years, Russia’s $1.7 trillion economy has been in the world’s top 20. But in 2018, it has been plagued with problems stemming from under-investment, broadening state ownership of enterprise and Western sanctions over the 2014 annexation of Crimea.

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